Section 893. Madison county industrial development agency  


Latest version.
  • For the benefit
      of the county of Madison and  the  inhabitants  thereof,  an  industrial
      development  agency,  to  be  known  as  the  MADISON  COUNTY INDUSTRIAL
      DEVELOPMENT AGENCY, is hereby established for the accomplishment of  any
      or  all  of the purposes specified in title one of article eighteen-A of
      this chapter. It shall constitute a body corporate and politic,  and  be
      perpetual  in  duration.  It  shall  have  the  powers and duties now or
      hereafter conferred by title one of article eighteen-A of  this  chapter
      upon  industrial  development agencies and provided that the exercise of
      the powers by such agency  with  respect  to  the  acquisition  of  real
      property  whether  by  purchase,  condemnation  or  otherwise,  shall be
      limited to the corporate limits of  the  county  of  Madison,  and  such
      agency  shall  take  into  consideration  the  local zoning and planning
      regulations as well as the regional and  local  comprehensive  land  use
      plans.    It shall be organized in a manner prescribed by and be subject
      to the provisions of title one of article eighteen-A  of  this  chapter.
      Its  members  shall  be appointed by the governing body of the county of
      Madison. The  agency,  its  members,  officers  and  employees  and  its
      operations  and  activities  shall  in  all  respects be governed by the
      provisions of title one of article eighteen-A of this chapter.